November 23, 2014 2:17 PM

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Finance Minister pitches for interest rate cut

Finance Minister Arun Jaitley today pitched for an interest rate cut, expressing confidence that the RBI will make the cost of capital reasonable to help perk up the economy. He said if RBI is unable to infuse liquidity, even opening out the economy will not be enough. RBI is slated to review monetary policy on the 2nd of next month. It has kept policy rates unchanged for almost 10 months citing high inflation.

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